Federal Highway Administration
FederalDC
Posted
Sep 4, 2026
Nov 5, 2026
Build America Bureau - Appraisals
The following describes the anticipated scope. It is provided for market research purposes and is subject to change. Work would be ordered by task order; not all tasks would be exercised on every transaction, and the Bureau anticipates scaling scope to transaction size, complexity, and risk. The selected Real Estate Appraisal Advisor(s) shall provide independent valuation analysis, appraisal review, technical market research, and collateral risk assessment across five core task areas throughout the loan lifecycle. Once assigned, appraisals are anticipated to be completed in several months. Task 1: Pre-Closing Appraisal Review and Technical Due Diligence: The advisor performs rigorous technical reviews of applicant-submitted real estate appraisals, property valuations, and market feasibility studies to support the Bureau's credit underwriting team (Desktop Review). The advisor verifies that all appraisal reports comply with USPAP standards, Title 49 CFR Part 24 requirements, and federal credit policies. Key technical tasks include: Market Feasibility & Highest and Best Use analysis, Valuation Methodology Review, Real Estate Interest Analysis. See attached file.
